Trump Celebrates “A New Record” As Stocks, Bond Yields, & The Dollar Soar

Trump Celebrates “A New Record” As Stocks, Bond Yields, & The Dollar Soar

Another day, another trade-deal headline saying nothing new but good enough for the algos…

US equity markets love it…

Surging to new record highs, a fact not missed by the president…

But he probably will not be happy that the dollar is also soaring…

Source: Bloomberg

Gold is, of course, getting monkeyhammered…

And interest rates are also spiking…

Source: Bloomberg

Housing markets won’t like that much.


Tyler Durden

Thu, 11/07/2019 – 10:55

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Author: Tyler Durden

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